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Vodafone Group PLC (VOD.L)

VOD.L on London Stock Exchange

150.84GBp
16 Aug 2019
Change (% chg)

2.60 (+1.75%)
Prev Close
148.24
Open
151.00
Day's High
151.00
Day's Low
148.06
Volume
48,790,207
Avg. Vol
83,650,619
52-wk High
178.28
52-wk Low
122.22

Latest Key Developments (Source: Significant Developments)

Vodafone Completes Acquisition Of Liberty Global Assets
Thursday, 1 Aug 2019 02:00am EDT 

Aug 1 (Reuters) - Vodafone Group PLC ::COMPLETION - ACQUISITION OF LIBERTY GLOBAL ASSETS.  Full Article

TIM, Vodafone Sign Agreements For 5G Network Sharing Partnership
Friday, 26 Jul 2019 09:18am EDT 

July 26 (Reuters) - Telecom Italia SpA ::AGREEMENT WITH VODAFONE TO SHARE MOBILE NETWORK.TIM AND VODAFONE SIGN AGREEMENTS FOR ACTIVE NETWORK SHARING PARTNERSHIP FOR 5G.VODAFONE AND TIM EXPECT TO BENEFIT FROM SYNERGIES WORTH OVER 800MLN EACH OVER NEXT 10 YEARS.TO COMBINE WITH VODAFONE PASSIVE NETWORKS WITHIN INWIT, CREATING ITALY'S BIGGEST TOWER COMPANY.TIM AND VODAFONE WILL JOINTLY CONTROL NEW INWIT WITH EQUAL STAKES OF 37.5% EACH.TIM AND VODAFONE WILL HAVE OPTION OF REDUCING STAKES DOWN TO 25%.TRANSACTION WILL ALLOW TIM TO CUT DEBT BY MORE THAN €1.4BLN OVER TIME.VODAFONE WILL USE THE PROCEEDS FROM THE TRANSACTION TO REDUCE DEBT.EXPECTED ANNUAL €200MLN IMPROVEMENT IN NEW INWIT'S EBITDA BY 2026 THROUGH SYNERGIES.  Full Article

INWIT Sees 2026 Revenues Of Over EUR 1 Bln After TIM-Vodafone 5G Deal
Friday, 26 Jul 2019 09:18am EDT 

July 26 (Reuters) - Inwit ::TOTAL REVENUES EXPECTED TO EXCEED €1 BILLION IN 2026 FOLLOWING TIM-VODAFONE 5G DEAL.EXPECTS ITS RECURRING FREE CASH FLOW TO EXCEED €600 MILLION BY 2026.  Full Article

Vodafone CFO: towers can command multiple upwards of 20 times earnings
Friday, 26 Jul 2019 06:26am EDT 

July 26 (Reuters) - Vodafone ::CEO SAYS ON ITALY NETWORK SHARING, "RUMOUR HAS IT THERE WILL BE ANNOUNCEMENT LATER THIS AFTERNOON".CFO SAYS TOWER VALUE MULTIPLE RATES IN THE MARKET ARE 20 TIMES UPWARDS, VODAFONE'S ASSETS ARE PARTICULARLY HIGH QUALITY.  Full Article

Cellnex not looking to invest in listed firms such as Vodafone project
Friday, 26 Jul 2019 06:22am EDT 

July 26 (Reuters) - Cellnex Telecom SA CEO , Tobias Martinez, says ::NOT LOOKING TO INVEST IN LISTED COMPANIES SUCH AS VODAFONE'S PLANNED MAST COMPANY."IF IT IS A LISTED COMPANY, MY FIRST REACTION IS NOT VERY POSITIVE"."I THINK WE ARE NOT LOOKING FOR THIS TYPE OF PROJECT" .  Full Article

ACCC Says Vodafone To Compensate Customers Over 'Direct Carrier Billing' Charges
Monday, 15 Jul 2019 08:26pm EDT 

July 16 (Reuters) - Australian Competition and Consumer Commission::VODAFONE ADMITTED TO MAKING FALSE OR MISLEADING REPRESENTATIONS ABOUT ITS THIRD-PARTY DIRECT CARRIER BILLING SERVICE.VODAFONE WILL CONTACT AND REFUND IMPACTED CUSTOMERS.VODAFONE SAYS LIKELY BREACHED ASIC ACT FROM AT LEAST 2015, BY CHARGING CONSUMERS FOR CONTENT THEY NOT AGREED TO BUY OR PURCHASED UNKNOWINGLY.  Full Article

Vodafone Group says Vinod Kumar Appointed CEO Of Vodafone Business
Monday, 8 Jul 2019 04:00am EDT 

July 8 (Reuters) - Vodafone Group PLC ::VODAFONE GROUP PLC - VINOD KUMAR APPOINTED AS CEO OF VODAFONE BUSINESS.VODAFONE GROUP PLC - VINOD WILL JOIN EXECUTIVE COMMITTEE FROM THAT DATE AND REPORT TO VODAFONE GROUP CHIEF EXECUTIVE NICK READ.VODAFONE GROUP PLC - VINOD SUCCEEDS VODAFONE GROUP CEO REST OF WORLD, VIVEK BADRINATH.VODAFONE GROUP PLC - APPOINTMENT OF VINOD KUMAR AS CHIEF EXECUTIVE OFFICER OF VODAFONE BUSINESS WITH EFFECT FROM 2 SEPTEMBER 2019.  Full Article

Vodafone UK Launches 5G Network
Wednesday, 3 Jul 2019 07:06am EDT 

July 3 (Reuters) - Vodafone Group PLC ::VODAFONE UK ANNOUNCES 5G AND UNLIMITED DATA.WILL NOT CHARGE A PRICE PREMIUM FOR ACCESS TO ITS 5G NETWORK AND ALL UNLIMITED SIMS ARE 5G READY.WILL CONTINUE TO INVEST IN ROLLING OUT 5G OVER NEXT FEW YEARS WITH AIM OF REACHING AT LEAST EIGHT MILLION CONSUMERS BY 2021.  Full Article

Vodafone Group PLC Files For Notes Offering Of Up To $2.25 Bln
Friday, 14 Jun 2019 01:24pm EDT 

June 14 (Reuters) - Vodafone Group PLC ::VODAFONE GROUP PLC FILES FOR NOTES OFFERING OF UP TO $2.25 BILLION - SEC FILING.  Full Article

Vodafone UK Says Aware Some Customers Experiencing Issues With Mobile Data & Broadband Services
Thursday, 13 Jun 2019 12:24pm EDT 

June 13 (Reuters) - Vodafone Group PLC ::VODAFONE UK SAYS AWARE SOME CUSTOMERS EXPERIENCING ISSUES WITH MOBILE DATA & BROADBAND SERVICES; SERVICES NOW BEING RESTORED AND COULD TAKE SOME TIME.  Full Article

UPDATE 2-EU charges Czech mobile operators with blocking rivals

BRUSSELS, Aug 7 EU antitrust regulators on Wednesday charged Deutsche Telekom's mobile Czech unit, rival O2 Czech Republic and Czech telecoms infrastructure provider Cetin with restricting competition via their network sharing deal.